£507,066
This estimated value is based upon the latest sale price for the house of £270,000 on 22 Dec 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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176/177 Forest Lane, London, E7 9BB
Phone: 02034637505
| Price Paid | Date |
|---|---|
| £270,000 | 22 Dec 2004 |
| £60,000 | 24 Sep 1997 |
| £52,500 | 1 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 552 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in December 2004 the House Price Index for GREATER LONDON was 78.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 87.802%.Applying this 87.802% change to the original purchase price of £270,000 results in an estimated price of approximately £507,066.
| 22 Dec 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.0 | 87.802 % | £270,000 | £237,066 | £507,066 |
The Postcode Pricing Model uses changes in average sales price within the E7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 107.337 % | £289,810 | £559,810 |
| 3 Month Average | 187.305 % | £505,724 | £775,724 |
| 6 Month Average | 163.603 % | £441,727 | £711,727 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £547,529 | £540,500 | 20 NORFOLK STREET |
| 19 Jul 2023 | £352,333 | £349,000 | 53 SUFFOLK STREET |
| 7 Jun 2023 | £515,177 | £511,000 | 12 NORFOLK STREET |
| 26 Apr 2023 | £523,894 | £520,000 | 34 MACDONALD ROAD |
| 21 Apr 2023 | £493,669 | £490,000 | 75 SUFFOLK STREET |
This house has a floor area of 51 sq meters or 552 sq feet when measured on 15 Aug 2011. Using an estimated price of £507,067 means this house is valued at £9,872 per sq meter (£917 per sq foot).
The average size of a house on SUFFOLK STREET is 73 sq meters (790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Under investigation | On or near Suffolk Street |
| Jan 2024 | Other crime | Under investigation | On or near Suffolk Street |
| Jan 2024 | Robbery | Under investigation | On or near Suffolk Street |
| Mar 2024 | Other theft | Under investigation | On or near Macdonald Road |
| Mar 2024 | Other theft | Under investigation | On or near Macdonald Road |